SAVERS OFFERED NEW FIXED TERM RATES
ISLE OF MAN, British Isles, 2nd April 2009 – Savings specialist, Bradford & Bingley International (BBI) have continued their fixed rate bond programme with two new savings bonds.
Fixed Rate Bond (Issue 57) is a 1-year Fixed Rate Bond offering annual and monthly interest options paying 3.00% AER. Savers can deposit from £10,000 into the bond which matures on 30 April 2010.
Fixed Rate Bond (Issue 58) is a 2-year Fixed Rate Bond offering annual and monthly interest options paying 3.50% AER in the first year and 4.00% AER in the second year. Deposits start from £10,000 and the Bond matures on 29 April 2011.
Both have very limited availability and will close on 30 April 2009 or before if fully subscribed. The previous one-year and two-year bonds offered by BBI proved extremely popular and savers wishing to benefit from these new opportunities are encouraged to book their place early to avoid disappointment.
BBI’s Managing Director, John Pearson commented “Both of these bonds provide great interest rates for savers. The accounts will appeal strongly to customers reliant on earning an income from their savings. This has been a difficult time with falling Bank of England Base Rates and we are pleased to be able to offer rates at up to 3.50% above current Base Rate.” Read more…
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